Solutions > Capital Expenditure Management

Skelta BPM’s Capital Expenditure (CAPEX) solution enables automation and effective management of the complete CAPEX cycle from Purchase to Payment for specific organizational needs:

Fully automated CAPEX process eliminates manual exceptions
Track organizational budget and financial allocations
Visibility on CAPEX disbursements for improved bottom line
Factual intelligence for accurate financial decision making with comprehensive reporting

Key Highlights:

Internal Controls:

Pre configured controls defining budget limits based on departments and other parameters.
Clear audit trail of supporting documents and human actions
Comprehensive reporting and drill down views of process performance and bottlenecks (in terms of..)
Records expenditures on projects and fixed assets.
Transparent, 100% process visibility

Graphical Process Modeller and Forms Designer

Web based process modeller for quick and easy workflows
Make continuous process changes with a drag and drop interface
Design web based Forms for CAPEX functions such as Purchase Requests and Approval Forms
Link Forms to workflow steps or to initiate workflows

Workflow:

Multi level and simple to complex approval cycles
Multi channel delivery of notifications and alerts
Escalations in case of exceptions
Document routing of supporting documents, Pos and Quotations
Fully automated CAPEX approval for even multi-level and complex systems
BizTalk connector supports advanced workflows which can span across legacy systems and handle complex approval and escalation scenarios

BAM and KPIs:

Drill down reports for every step of the Purchase to Pay cycle
Reporting on Capital Expenditures and Budget utilizations
Role based dashboards with support for task based actions
Define key performance indicators (KPIs) and configure threshold based activity
Event based Alerts and Notifications

Rapid ROI:

Lower time to productivity with easy to adapt CAPEX solution
Integrate with existing applications for optimum return on IT investments
Secure Portal Framework for single sign on and multiple instances at no extra cost
Timely and business critical developments update for better ROI

Secure CAPEX solution framework:

Role based content access
Role based security for defining access and content security
Dynamic rights configuration
Security at every level of the BPM architecture

Skelta BPM’s workflow software acts as a key technology component that helps ensure efficient automation of complex accounting and budget approval processes thereby eliminating manual system inaccuracies. Capital expenditure can be procured electronically through web based forms.

Skelta BPM’s native adapters extend powerful BPM functionality to existing ERP systems and enable a truly sophisticated value chain with real-time ERP updates and rapid communication across various groups.